Common use of Development of Procedures Clause in Contracts

Development of Procedures. Not later than 30 days prior to the Scheduled Commercial Operation Date, the Operating Committee shall establish mutually acceptable (i) practices and procedures, in the form of a manual, for keeping each Lessee/Owner Party advised of the operating status of the Unit and key operating parameters, including Available Net Generating Capability, Operating Costs, Capital Costs, Coal Costs, availability of ancillary services, and each Lessee/Owner Party’s obligation under Article VI hereof to schedule its Pro Rata Share of the Minimum Net Generation, and (ii) detailed written coordinating and operating procedures, in the form of a manual, for the dispatch and delivery of power and energy and ancillary services, from ▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇ in accordance with the Scheduling information furnished by each Lessee/Owner Party. Such procedures shall enable each Lessee/Owner Party to have its share of the output of the Unit electronically Scheduled to the balancing authority or energy-control system designated by that Party and capable of absorbing the energy. The Operating Committee shall deliver the written procedures to each of the Parties, who shall be responsible for updating each of their copies of the procedures manuals. The Operating Committee shall be responsible for the distribution of any revised or additional procedures developed by the Operating Committee pursuant to this Agreement. The Operating Agent will assist the Operating Committee with the development of the procedures and the procedures manual, and will maintain the official version of such procedures manual, which shall be available at the Elm Road Site for review by the Parties during regular business hours. Copies of the official procedures so designated shall be provided by the Operating Agent to the Lessee/Owner Parties within five Business Days of any request therefor.

Appears in 2 contracts

Sources: Operating and Maintenance Agreement (Mge Energy Inc), Operating and Maintenance Agreement (Madison Gas & Electric Co)